Standard Chartered Group (02888.HK) saw a record-breaking 9% increase in operating income to $5.9 billion in the first quarter.

The Zhuhai Group (02888.HK) announced its first quarter financial results for 2026, with operating income breaking records and increasing by 9% to $5.9 billion. This growth was driven by strong performance in wealth management and global banking services. Operating expenses increased by 1% compared to the previous year, but careful cost management allowed the company to achieve an 8% increase in net income compared to costs. Credit impairment expenses were $296 million, equivalent to an annualized loan loss rate of 32 basis points, including an additional provision of $190 million to address uncertainties related to the Middle East conflict. Therefore, pre-tax profit reached $2.5 billion, a 17% increase, with earnings per share rising by 31% to 74 cents, driven by a decrease in the number of shares and improved profitability.